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Abstract

The poor people are need to some level of protection against risk. Due to increasing the attention for risk management and social protection in the context of poverty reduction strategies was followed in developing counties. Insurance is one of the backbones of a country’s risk management system.The insurance providers offer a variety of products to individuals in order to provide protection from risk and to ensure the financial security. It also helps for the mobilization of savings and providing financial support when needed the insurance industry covers micro insurance policies.The current paper displays an experimental and analytical study that has been done with the objective to know the attitude of policyholders towards LIC under micro insurance scheme in Salem district.

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